Market Drifts Higher into Monthly Jobs Report
We did indeed see continued "bullish holiday drift" this week as the market prepares and positions ahead of the Monthly Jobs Report released pre-market Friday morning. In tonight's video, we pinpoint the probabilities, price levels, and scan what's happening in leading stocks along with Bonds, Oil, and Gold before the big weekly event…
Is the Buffett Bounce Over for Kroger?
A couple weeks ago, a 13F filing by Berkshire revealed that the company had added to its holdings of Kroger Co (NYSE: KR). While Buffett isn’t the influencer for Millennial stock traders like the twerking, pink-haired talking heads on TikTok or YouTube, his trades still influence more “seasoned” investors. That influence has been seen through…
Finally Time to Fade the Market?
The market can't seem to keep a rally going. Is it time to fade or wait for another move higher?
Are we Facing Another Drifter-Up Week for Stocks?
This week has the potential to be a low volume, possibly low volatility drift where stocks can float higher, especially if we don't see any major headline news or events that would stop the drift. In tonight's report, we highlight this plan and what levels are in play along with which key financial and tech…
A Golden Opportunity or Just Fake Gold?
It was easy to get snookered as a kid when someone showed you iron pyrite. You know, the stuff that looks like gold but isn’t. It’s golden color and shiny but not exactly the same as the real thing. Today’s option activity suggested some potential upside in the metal and metal stocks in particular, but…
SEC & PYPL Boyz Take the HOOD
News from SEC and Paypal Holdings Inc (NASDAQ: PYPL) caused panic selling in Robinhood Markets Inc (NASDAQ: HOOD). As Support.com, Inc (NASDAQ: SPRT) reaches its terminal velocity, the options market is lining up it's list of candidates for the next short squeeze..
After SPRT, Who’s Next on the UOA ‘Short Interest' List?
If there is theme that has played out repeatedly in 2021 that is the short squeeze. Some of the names that have seen huge price surges have been Gamestop Corp (NYSE: GME) and AMC Entertainment Holdings (NYSE: AMC). The most recent player in this high-risk game of chicken is Support.com, Inc (NASDAQ: SPRT) In this…
Game Changing Rally?
—Fed ignites rippin rally on dovish tone—Bonds played little role in the rally—SPX ends week dead-on upper EM—Russel decides Jerome Powell is a Demigod Volatility abnormalities--—1 year implied volatility screams risk—short term imp vol crushed— realized vol still dead—skew sky high Trade Opportunities--—premium selling continues to dominate—volatility crush opens up vix trades—Chinese markets SPX Expected…
Pullback Plays in Motion ahead of Federal Reserve Annual Meeting
We're getting our sell-side activity and "pullback from all-time highs" today as the market prepares for Friday's potential volatility from any major headline from the Federal Reserve's Annual Meeting and speech by the Fed Chair. In tonight's video we pinpoint the key focal trading levels and go outside equities to trade Crude Oil, Bonds, and…
Are the Markets Paralyzed with Fed Induced Fear?
Trading volume remains lows as market participants wait for the Jackson Hole meeting. The SPX is very close to the upper end of the weekly expected move. With Jerome Powell's talk Friday morning the market is at risk of exploding over the expected move or backing off…